WisdomTree India Earnings Fund (NYSEARCA:EPI) Short Interest Up 20.2% in April

WisdomTree India Earnings Fund (NYSEARCA:EPI) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totaling 2,458,899 shares, a growth of 20.2% from the March 31st total of 2,046,353 shares. Based on an average daily volume of 907,888 shares, the short-interest ratio is presently 2.7 days. Approximately 4.8% of the shares of the company are sold short.

WisdomTree India Earnings Fund Price Performance

Shares of EPI traded down $0.22 during midday trading on Friday, reaching $43.30. 245,232 shares of the stock were exchanged, compared to its average volume of 947,375. The business’s 50-day moving average price is $42.76 and its 200 day moving average price is $44.75. WisdomTree India Earnings Fund has a twelve month low of $39.40 and a twelve month high of $47.67. The company has a market capitalization of $2.21 billion, a price-to-earnings ratio of 18.68 and a beta of 0.47.

Institutional Trading of WisdomTree India Earnings Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Global Trust Asset Management LLC grew its holdings in shares of WisdomTree India Earnings Fund by 26.2% during the third quarter. Global Trust Asset Management LLC now owns 3,440 shares of the exchange traded fund’s stock worth $152,000 after buying an additional 715 shares during the last quarter. Procyon Advisors LLC grew its holdings in shares of WisdomTree India Earnings Fund by 7.7% during the third quarter. Procyon Advisors LLC now owns 6,962 shares of the exchange traded fund’s stock worth $308,000 after buying an additional 500 shares during the last quarter. Concurrent Investment Advisors LLC grew its holdings in shares of WisdomTree India Earnings Fund by 1.3% during the third quarter. Concurrent Investment Advisors LLC now owns 24,524 shares of the exchange traded fund’s stock worth $1,084,000 after buying an additional 318 shares during the last quarter. Randolph Co Inc grew its holdings in shares of WisdomTree India Earnings Fund by 0.3% during the third quarter. Randolph Co Inc now owns 216,485 shares of the exchange traded fund’s stock worth $9,569,000 after buying an additional 581 shares during the last quarter. Finally, SG Americas Securities LLC grew its holdings in shares of WisdomTree India Earnings Fund by 102.1% during the third quarter. SG Americas Securities LLC now owns 70,199 shares of the exchange traded fund’s stock worth $3,103,000 after buying an additional 35,458 shares during the last quarter.

About WisdomTree India Earnings Fund

WisdomTree India Earnings Fund (The Fund) seeks to track the price and yield performance, before fees and expenses, of the WisdomTree India Earnings Index. The Index measures the performance of profitable companies incorporated and traded in India that are eligible to be purchased by foreign investors and that meet specific criteria developed by WisdomTree Investments.